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Washington University in St. Louis News & Information > News Topics > Business & Economics >
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Showing Economics Stories 1 through 10 of 114.
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Recovering from the Great Recession
2010 economic forecast: slow growth with chance of stagnation
Nov. 23,
2009 --
The key issue is not whether the official recession is over, argues economics professor Steve Fazzari, but whether the economy can generate the growth necessary to put many of the unemployed back to work again. "In the deep downturns of the 1970's and early '80's, strong consumer spending growth led to strong recoveries. Unfortunately, I just don't see that happening this time." Fazzari's researh on the consumer spending binge that fueled economic growth for nearly two decades predicted the great risk for financial collapse that contributed to the Great Recession. The question now, is what will drive economic recovery this time? Includes video interview.
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Research boon
Washington University awarded $80 million in stimulus grants
Nov. 9,
2009 -- Washington University has been awarded nearly $80 million in funding from the 2009 American Recovery and Re-investment Act to support research across a broad range of projects, including cancer, Alzheimer's disease, renewable energy, diabetes and climate change.
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Prize draws attention to new economic theory; criticism from traditionalists
Douglass North speaks out on 2009 Nobel Prize in economics
Oct. 21,
2009 -- "A lot of people were horrified that it was the first time a political scientist got the prize," says Douglass C. North in a video interview on the 2009 Nobel prize in economics.
North, a 1993 recipient of the prestigious award, defends this year's winners, Elinor Ostrom and Oliver Williamson, as pioneers in the New Institutional Economics that uses an interdisciplinary approach to research. Traditional economists who favor formal mathematical model-based theory are critical of the institutional approach and Nobel recognition of the social sciences versus pure economics.
North talks about this year's winners, their work and New Institutional Economics in accompanying video.
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What spooks the stock market in October?
Ripening pumpkins, sunspots and scratching dogs may be best indicators of next crash
Oct. 5,
2009 --
What do ripening pumpkins, sunspots and scratching dogs have to do with stock market crashes in the month of October? Just ask Washington University in St. Louis economics professor Stephen Williamson. He proposes three theories on why the stock market might tend to crash in October as it did so famously in 1929, 1987 and 2008.
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Census Bureau to release health insurance numbers Sept. 10
Discrediting official uninsured estimates only minimizes the real health care problem, says health economist
Sept. 3,
2009 --
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| McBride |
The health reform debate to date has been characterized by a lot of confusion and misinformation. "The conclusion that most of the uninsured either are voluntarily uninsured or do not need assistance is erroneous," says Timothy McBride, Ph.D., leading health economist and associate dean of public health at the George Warren Brown School of Social Work at Washington University in St. Louis. The Census Bureau will announce the official health insurance estimates on Thursday, Sept. 10. According to McBride, because of the economic downturn, the number of uninsured may top 50 million.
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Rachel Croson to discuss status of women in academia
New speaker series to feature prominent women scholars
April 13,
2009 --
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| Croson |
"The Status of Women in Academia" will be the topic of one of two lectures when Rachel T. A. Croson, Ph.D. visits the Danforth Campus April 14 and 15 in a new series launched by The Center for Research in Economics and Strategy at the Olin Business School.
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Seguro Popular
Mexico's health insurance success offers lessons for U.S. reforms, Lancet study suggests
April 8,
2009 --
As America considers major healthcare reforms, it may have lessons to learn from Seguro Popular, Mexico's ambitious plan to improve healthcare for its estimated 50 million uninsured citizens, suggests Ryan Moore, co-author of a new evaluation of the program. Conducted through a partnership of Mexican health officials and researchers from leading American universities, the study offers a model U.S. policymakers might use to scientifically explore solutions to America's own looming healthcare crisis.
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College cash
WUSTL hosts forum on financing university education in tough economic climate, April 14
April 7,
2009 -- "Financing University Education" is the focus of a free public conference to be held 6 p.m. to 7:30 p.m. April 14 in the Bryan Cave Moot Court Room. Anheuser-Busch Hall, Danforth Campus, Washington University in St. Louis.
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New book calls intellectual property an unnecessary evil
Economists say copyright and patent laws are killing innovation; hurting economy
March 5,
2009 -- Patent and copyright law are stifling innovation and threatening the global economy according to two economists at Washington University in St. Louis in a new book, Against Intellectual Monopoly. Professors Michele Boldrin and David K. Levine call for abolishing the current patent and copyright system in order to unleash innovations necessary to reverse the current recession and rescue the economy. The professors discuss their stand against intellectual property protections in a video and news release linked here.
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Violence and social order
Research workshop explores social science of international development, March 24
March 3,
2009 --
Community-based conservation in Madagascar, property rights for the poor in Argentina and trade-offs between violence and power in societies throughout human history are among topics to be explored in a free public workshop on the social science of international development from 9 a.m. to 5 p.m. March 24 in the Women's Building Formal Lounge.
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